Cryptic crossword clue
Tries to get new deal to redevelop one great site 12

The most common and most likely answer to this crossword clue is the 12 letter word RENEGOTIATES

I've seen this crossword clue in The Daily Telegraph
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does RENEGOTIATES mean?

RENEGOTIATES verb
  1. To negotiate new terms to replace old ones.

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